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Document 32011M6337
Commission Decision of 28/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6337 - CITIC DICASTAL WHEEL MANUFACTURING / KSM CASTINGS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
Odločba Komisije z dne 28/09/2011 o razglasitvi združljivosti koncentracije s skupnim trgom (Zadeva št. COMP/M.6337 - CITIC DICASTAL WHEEL MANUFACTURING / KSM CASTINGS) v skladu z Uredbo Sveta (ES) št. 139/2004 (Besedilo v angleškem jeziku je edino verodostojno)
Odločba Komisije z dne 28/09/2011 o razglasitvi združljivosti koncentracije s skupnim trgom (Zadeva št. COMP/M.6337 - CITIC DICASTAL WHEEL MANUFACTURING / KSM CASTINGS) v skladu z Uredbo Sveta (ES) št. 139/2004 (Besedilo v angleškem jeziku je edino verodostojno)
In force
Commission Decision of 28/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6337 - CITIC DICASTAL WHEEL MANUFACTURING / KSM CASTINGS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)
|EUROPEAN COMMISSION | Brussels , 28.09.2011 C(2011) 7069 PUBLIC VERSION | | SIMPLIFIED MERGER PROCEDURE | |To the notifying party | Dear Madam(s) and/or Sir(s), Subject: Case No COMP/M.6337 – CITIC DICASTAL WHEEL MANUFACTURING/ KSM CASTINGS Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 26.08.2011, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertaking CITIC Dicastal Wheel Manufacturing (‘Dicastal’, China), a wholly-owned subsidiary of the CITIC Group (‘CITIC Group’, China), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of KSM Castings Verwaltungsgesellschaft mbH and of KSM Castings Holding GmbH (collectively ‘KSM’, Germany) by way of purchase of shares [2] . 2. The business activities of the undertakings concerned are: — for CITIC Group: financial services, real estate, civil infrastructure, engineering, contracting, energy & resources, manufacturing, IT, trade and services, — for KSM: development, manufacture and sale of light metal (primarily aluminium) castings, focusing on powertrain and body components as well as safety critical chassis parts. 3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3] . 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation. For the Commission (Signed) Alexander ITALIANER Director General [1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision. [2] Publication in the Official Journal of the European Union No C 262, 06.09.2011, p.14 [3] OJ C 56, 5.3.2005, p. 32.